• OPEC waiting for Russia before deciding how much oil to cut

      06/12/2018
    OPEC has made a planned cut in oil output effectively conditional on the contribution from non-OPEC producer Russia, delegates said on Thursday as the group gathered in Vienna for a meeting aimed at supporting battered oil prices.  
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  • U.S. Equity Futures Drop Sets Tone; Oil Edges Down: Markets Wrap

      06/12/2018
    U.S. equity futures tumbled at the Asia open, sending a shock wave through stocks and setting the tone for Thursday trading. European and Asian shares slumped while Treasuries were steady and the dollar edged higher.  
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  • In EV batteries, Europe plays catch-up with Asia

      06/12/2018
    Haunted by emission scandals and looming bans for diesel cars in German cities, Germany's automakers have been losing their rock-solid confidence in the future of combustion engines. But as they begin to shift toward electric cars, they are finding themselves completely reliant on Asian suppliers for lithium-ion batteries.  
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  • China sizes up hawk Lighthizer as trade talks begin

      05/12/2018
    China on Wednesday confirmed its intention to find solutions to its trade war with the U.S. within an agreed 90-day timetable, after President Donald Trump and other officials issued threats of consequences if Beijing failed to deliver during the period.  
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  • OPEC works on deal to cut output, still needs Russia on board

      05/12/2018
    OPEC and its allies are working toward a deal this week to reduce oil output by at least 1.3 million barrels per day, four sources said, adding that Russia’s resistance to a major cut was so far the main stumbling block.  
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